Financial stability is an essential part of our hopes and dreams – it can be in the form of short or long-term savings, deposit for rent, buying a car or home or accessing credit and much more. It is important to build financial resilience and strong capabilities. However, access to information regarding financial matters remains […]
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At the beginning of each year, like clockwork, personal finance pundits tell Americans how to make the most of their money. It’s usually a great time to capitalize on New Year’s resolutions by reinforcing the basics: ADVERTISEMENT budget your expenses pay yourself first have an emergency fund put your savings to work for retirement Read […]
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In financial circles, there’s been a lot of talk about inflation. The Fed wants to encourage a moderate inflation increase and is holding interest rates low until that happens. Pessimists, though, worry about that approach. The thinking is that pent-up demand from the pandemic lifestyle could drive a sudden rise in spending once COVID-19 is […]
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Arecord number of Americans have at least $1 million in their 401(k) accounts, according to data from Fidelity Investments. As of the third quarter of 2020, there are around 262,000 401(k) millionaires in the U.S. Read more at https://journalnow.com/business/investment/personal-finance/5-moves-to-ensure-youre-a-retirement-millionaire/article_585ad2d2-72b4-57de-8c2c-f7c7228ee880.html
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As millions of Americans embark on the annual ritual of tax preparation this year, many will buy tax software or hire human tax preparers — and it probably won’t be cheap. Tax software can easily run $100 or more for many people, and human tax pros charge $203 on average to do a tax return, […]
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